Invesco California Value Municipal Income Trust
VCV
53 hedge funds and large institutions have $72.6M invested in Invesco California Value Municipal Income Trust in 2024 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 10 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
3.14% less ownership
Funds ownership: 16.99% → 13.86% (-3.1%)
4% less funds holding
Funds holding: 55 → 53 (-2)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
18% less capital invested
Capital invested by funds: $88.4M → $72.6M (-$15.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.99M |
| 2 |
AWS
Atria Wealth Solutions
New York
|
+$1.09M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$856K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$743K |
| 5 |
CWS
Cypress Wealth Services
Palm Desert,
California
|
+$691K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$18.1M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.9M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.48M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.48M |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$347K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OP
51
ORG Partners
Roanoke,
Indiana
| $10.9K | – | – | – |
|
|
NB
52
NBT Bank
Norwich,
New York
| $9.56K | – | – | – |
|
|
AF
53
Allworth Financial
Folsom,
California
| $7.4K | – | – | – |
|
|
SCM
54
Saba Capital Management
New York
| – | -$18.1M | -1,663,043 | Closed |
|
|
RCM
55
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$1.48M | -134,811 | Closed |
|
|
TJHA
56
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$347K | -31,824 | Closed |
|
|
WWM
57
Western Wealth Management
Golden,
Colorado
| – | -$281K | -25,784 | Closed |
|
|
IAIM
58
International Assets Investment Management
Orlando,
Florida
| – | -$2.1K | -22,869 | Closed |
|
|
SW
59
SteelPeak Wealth
Woodland Hills,
California
| – | -$144K | -13,200 | Closed |
|
|
MG
60
Marex Group
London,
| – | -$117K | -10,715 | Closed |
|
|
ACI
61
Alpha Cubed Investments
Irvine,
California
| – | -$115K | -10,550 | Closed |
|
62
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$76.4K | -7,016 | Closed |
|
63
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$8.79K | -807 | Closed |
|
VCV Hedge Fund Activity: Q4 2024 in Review
53 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Invesco California Value Municipal Income Trust (VCV) for Q4 2024, worth a combined $72.6M — down 18% from $88.4M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of VCV and 9 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 16 added.
The largest buyer was Morgan Stanley, adding an estimated $1.99M. The largest seller was Saba Capital Management, exiting entirely with an estimated $18.1M sold.
- 53 institutional investors held Invesco California Value Municipal Income Trust (VCV) as of Q4 2024, down from 55 in Q3 2024.
- Funds reported $72.6M of Invesco California Value Municipal Income Trust stock for Q4 2024, down 18% quarter-over-quarter.
- 9 funds opened new Invesco California Value Municipal Income Trust positions in Q4 2024 and 10 closed out, a net change of -1 holder.
- The largest Invesco California Value Municipal Income Trust buyer in Q4 2024 was Morgan Stanley, an estimated $1.99M added.
- The largest Invesco California Value Municipal Income Trust seller in Q4 2024 was Saba Capital Management, an estimated $18.1M sold.
Based on aggregated 13F filings for Q4 2024.